Toronto, ON – November 14th 2018 – The Portfolio Management Association of Canada (PMAC) is pleased to announce its Board of Directors for 2018-2019. The slate of Directors was elected at the Association’s Annual General Meeting in Toronto earlier today. Denys Calvin, Partner and Chief Operating Officer of Nexus Investment Management, was elected Chair of the 2018-2019 Board of Directors.
“I’m very proud to be taking on the role of Board Chair at a time of unprecedented change in global markets, regulation and technological advances,” comments Mr. Calvin. “PMAC’s Board is committed to serving our growing and increasingly diverse group of over 260 asset management firms and 35 affiliate members. Our members may vary in their size, client base, business model, and/or investment philosophy. The common bond is that we are all portfolio managers, committed to the highest industry standards and as fiduciaries, putting clients’ needs and objectives first and foremost.”
Katie Walmsley, PMAC’s President adds, “Our industry is at a critical juncture where, more than ever, the need to advance industry standards must be carefully balanced with fostering fair and efficient capital markets and ensuring investor protection. PMAC will continue to focus on ways to achieve this balance for portfolio managers and their investors through information sharing and advocacy, coupled with constructive, regular dialogue with industry regulators and government.”
The following newly appointed Directors are welcomed to the 2018-2019 Board:
- Jean–François (J–F) Courville, Chief Executive Officer, Wealthsimple for Advisors
- Zachary Curry, Portfolio Manager & President, Davis Rea Ltd.
- Margaret Gunawan, Managing Director, General Counsel & Chief Compliance Officer, BlackRock Asset Management Canada
Portfolio Management Association of Canada (PMAC) represents more than 260 asset management firms that manage more than $1.8 trillion in assets. Members manage portfolios for private individuals, foundations, universities and pension plans. As one of the largest and fastest growing investment industry associations in Canada, PMAC operates coast-to-coast in English and French-language markets. PMAC employs a collaborative information-sharing business model and advocates on behalf of its members to securities regulators and government agencies. PMAC represents investment management firms registered to do business in Canada as portfolio managers. The Association’s mission is to advocate the highest standards of unbiased portfolio management in the interest of investors served by members.
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